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Business Spotlight

March 24, 2013

Business briefs: March 24, 2013

Elected to board

WILLSBORO — At its meeting March 1, the Board of Directors of Champlain National Bank elected Peter S. Paine III as a vice chairman of the board and a member of the Executive Committee. In addition to his new responsibilities, Paine will continue to serve on the Audit and Asset-Liability Sub-Committees of the board.

Paine graduated from Princeton University and holds law degrees from Oxford University and Vanderbilt Law School. He practiced law for six years with the law firm of Drinker, Biddle and Reath in Philadelphia and for the past 15 years has been a management consultant with several firms including McKinsey & Co., primarily serving clients in the life sciences. He is also a director of Correvio International, a specialty pharmaceutical company headquartered in Geneva, Switzerland, and he serves as a trustee of the Princeton University Rowing Association. 

Paine splits his time between his home in Princeton, N.J., and Willsboro, where members of the Paine family have lived since the 1880s. As a youngster, Paine spent many summers at Camp Pok-O-Moonshine, climbing the High Peaks and later working on a dairy farm near Willsboro. Today, he spends part of the year at his camp in Willsboro where he enjoys the hiking, skiing, hunting and fishing opportunities of the North Country.

Paine shares the commitment of the entire board in maintaining Champlain National Bank as a strong, independent local bank, providing a high level of service to the communities and customers it serves. He looks forward to working with the bank’s new president and CEO, Joe Shaw, and all bank officers and staff in the attainment of that objective.

Promotions announced

PLATTSBURGH — Randall G. Giltz has been promoted to senior vice president and Rosemary Souza-Botten to senior vice president of the corporation effective March 1, according to The Board of Directors of Northern Insuring Agency Inc.

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